Core Viewpoint - Asian currencies showed consolidation against the dollar in early trading, indicating a stable performance amidst fluctuating market conditions [1] Group 1 - The early trade reflected a trend where Asian currencies were not significantly impacted by external economic factors [1] - This consolidation may suggest a period of stability for Asian currencies, potentially attracting investor interest [1]

Core Viewpoint - Peter Schiff argues that the recent surge in gold prices reflects economic weakness rather than prosperity, contradicting the U.S. Federal Reserve's inflation narrative [1][2]. Group 1: Gold Market Insights - The rising gold price indicates that investors and central banks are seeking refuge from the declining value of fiat currencies, suggesting concerns about inflation [2]. - Schiff emphasizes that if there were no worries about inflation, there would be no demand for gold, highlighting a shift in central bank strategies towards gold as a hedge against inflation [2]. Group 2: Economic Indicators - The consumer price index (CPI) rose at a 2.7% annualized rate in November, slightly below the forecast of 3.1%, indicating that inflation remains a concern [3]. - Despite the Dow Jones index appearing significantly higher than at the start of the century, it has decreased by about 70% when measured in gold terms, illustrating a loss of purchasing power [3]. Group 3: Market Reactions and Expectations - Wall Street economists have raised concerns about the reliability of the inflation report due to missing data from the recent government shutdown, which could affect market expectations [4]. - Inflation and employment data are crucial as they influence Federal Reserve rate decisions, impacting the U.S. dollar and global liquidity, which in turn affects risk assets like Bitcoin [5].

Tucker Carlson says central banks are a scam and the U.S. dollar is “doomed.” Now he has launched a precious-metals company. https://t.co/9XTajlV8C9 ...

Tucker Carlson says central banks are a scam and the U.S. dollar is “doomed.” Now he has launched a precious-metals company. https://t.co/2cT9lx6oxg ...

Donald Trump recently stated that he hopes to make the United States a “Bitcoin superpower,” framing the move as part of the broader U.S.–China rivalry. Trump emphasized that crypto assets should be part of America’s economic strategy, and further linked Bitcoin to the U.S. dollar, suggesting that digital assets could help “ease the burden on the dollar.” https://t.co/O15YBtnutM ...

Market Trends - Rotation from gold into Bitcoin is being discussed [1] - Stabilization of the U S dollar and its impact on global capital flows are analyzed [1] - Relationship between volatility and bull markets is explored, noting that higher volatility can signal the start of a new bull cycle [1] Investment Opportunities and Risks - Capital rotation and long-term market outlook are considered [1]

Market Analysis & Gold Performance - Gold price surged significantly, up 66% year-to-date, ranking among the top four performances in the last 100 years, only surpassed by 1979, 1973, and 1974 [1] - The disparity between gold's rise and crude oil's 20% decline, reaching approximately 86%, signals a severe global deflationary force [2] - Gold's behavior, rising when stock market volatility is low, raises concerns about a potential uptick in stock market volatility; gold might be providing a warning signal [3] - A weaker U S dollar has contributed to gold's strength, as most commodities are denominated in U S dollars [3] Factors Influencing Gold Prices - A controversial U S president and ongoing wars are beneficial for gold; Trump's actions against the Fed seem to positively impact the gold market [4] - Central banks are underlying buyers in the cash market, supporting gold prices, but their buying may decrease as prices approach the $4,000 level [11] - The government shutdown and the delay in the Commodity Futures Trading Commission report contribute to a perfect storm for gold, which might be ending [9][10] Potential Correction & Risks - Gold has reached its highest level since 1981 relative to its 60-month moving average, suggesting it may be time to reduce long positions [5] - A pullback to $3,500 is possible, as $4,000 has transitioned from key resistance to support; a 30% correction from current levels would be normal, similar to 2008 [6] - A stock market correction of 5% to 10%, which hasn't occurred in a long time, could push gold prices lower [8] Indicators & Speculation - Open interest in gold futures has remained flat for years, indicating a lack of significant speculation [10] - ETF inflows have increased, but the cash market and central bank buying are the primary drivers of gold's movement [11]

JACK DORSEY: "The U.S. dollar gets less and less valuable every day as they print more and more money. You can't do that with Bitcoin." https://t.co/ILWd3pJkcu ...

Market Trends - The U S dollar has lost 50% of its value against gold over the past year [1] - Fiat currencies are experiencing devaluation [1]

JUST IN: 🇺🇸 North Dakota to launch a U.S. dollar-backed stablecoin - Bloomberg ...